Officials at the Financial Industry Regulatory Authority Inc. signed off on all the cases Monday.

The sanctions stem from a Finra review covering the period January 2009 through June 2011.

In its settlement agreement, Finra said LPL relied on its brokers to deliver prospectuses, but had no procedures to determine if the documents were delivered late. Over the review period, LPL was required to deliver 3.4 million prospectuses.

State Farm was responsible for delivering 154,129 prospectuses over the period, at first through its brokers and later through a service provider. But in each case the firm had inadequate supervision, Finra alleged.

Scottrade failed to deliver prospectuses in about 14,000 transactions out of 300,000, Finra said.

Deutsche Bank Securities missed delivery in 3,800 cases out of nearly 71,000 trades, according to the settlement.

Finally, T. Rowe Price had 2,500 failures in more than 68,000 transactions.

As is typical in such settlements, the firms involved did not admit to any of the findings.

LPL has migrated to an automated prospectus delivery program, spokeswoman Betsy Weinberger said in a statement.

“This new approach should provide the firm, and its regulators, with clear and consistent records of timely prospectus deliveries, which should avoid future such concerns,” she wrote.

Scottrade spokeswoman Leigh Hamer said in a statement that beginning in May 2011, the brokerage took steps “to ensure our vendor delivers prospectuses in a timely manner to our mutual fund clients.”